Taxation Laws Amendment Act (No. 2) 1995 (169 of 1995)

Schedule 2   EMPLOYEE SHARE SCHEMES

Part 4   APPLICATION AND TRANSITIONAL

15   Transitional-subsection 139CD(5)

For the purposes of subsection 139CD(5) of the Income Tax Assessment

Act 1936, a share or right is taken to be acquired under an employee

share scheme if it would have been so acquired if item 11 of this

Schedule provided that the amendments made by this Schedule applied to

shares or rights acquired at any time before or after the commencement

of this item.